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5405 Telegraph Rd 33,985 SF 100% Leased Industrial Building Toledo, OH 43612 $1,099,000 ($32.34/SF) 12.74% Cap Rate
INVESTMENT HIGHLIGHTS
- LED motion censored lighting throughout the warehouse
- Warehouse space has roughly 13,000 SF Heated, 15,000SF Not Heated
- Exterior recently pressure washed and painted
- 5 Minute drive to I-75
- 4 Grade Level Doors, 2 on exterior and 2 on interior separating heated from unheated warehouse space
- Office space move in ready
EXECUTIVE SUMMARY
Ideal for an Owner Occupant once lease expires, or backfill current tenant for a long term investment play. Located in North Toledo, this industrial property offers proximity to key transportation infrastructure, including major highways and rail lines, making it an attractive investment opportunity for Industrial/Warehouse/Distribution investors. The area is known for its strategic position within the regional logistics network, offering easy access to the I-75 and I-280 corridors. Nearby points of interest include the Port of Toledo, providing access to global trade routes, as well as the Toledo Express Airport, facilitating efficient cargo transportation. With a strong industrial presence and access to crucial transportation routes, the North Toledo market presents a compelling opportunity for investors seeking strategic commercial real estate assets.
PROPERTY FACTS
| Price | $1,099,000 | Rentable Building Area | 33,985 SF |
| Price Per SF | $32.34 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1943 |
| Cap Rate | 12.74% | Parking Ratio | 0.85/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 3 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.97 AC | ||
| Zoning | IG - Designed to accommodate a wide range of industrial activities. | ||
| Price | $1,099,000 |
| Price Per SF | $32.34 |
| Sale Type | Investment or Owner User |
| Cap Rate | 12.74% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.97 AC |
| Rentable Building Area | 33,985 SF |
| No. Stories | 1 |
| Year Built | 1943 |
| Parking Ratio | 0.85/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | IG - Designed to accommodate a wide range of industrial activities. |
AMENITIES
- Fenced Lot
- Floor Drains
- Security System
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Continental Baking Co
- Wholesaler
- -
- -
- -
- The Big Ulgy Warehouse
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Continental Baking Co | Wholesaler | - | - | - | ||
| The Big Ulgy Warehouse | - | - | - | - |
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PROPERTY TAXES
| Parcel Number | 22-04885 | Improvements Assessment | $178,990 |
| Land Assessment | $28,245 | Total Assessment | $207,235 |
PROPERTY TAXES
Parcel Number
22-04885
Land Assessment
$28,245
Improvements Assessment
$178,990
Total Assessment
$207,235
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5405 Telegraph Rd
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